2,839,059 Shares in Ryerson Holding $RYZ Purchased by JB Capital Partners LP

JB Capital Partners LP bought a new stake in shares of Ryerson Holding (NYSE:RYZ) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,839,059 shares of the company’s stock, valued at approximately $69,869,242,000. Ryerson accounts for about 10.8% of JB Capital Partners LP’s investment portfolio, making the stock its 2nd largest position. JB Capital Partners LP owned about 5.47% of Ryerson as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. State of Wyoming purchased a new stake in Ryerson during the second quarter worth $185,000. NFJ Investment Group LLC acquired a new stake in shares of Ryerson during the 2nd quarter valued at about $219,000. Great Lakes Advisors LLC purchased a new position in shares of Ryerson in the 2nd quarter valued at about $589,000. Deutsche Bank AG acquired a new position in Ryerson in the 2nd quarter worth about $1,273,000. Finally, Robotti Robert acquired a new position in Ryerson in the 2nd quarter worth about $9,102,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Insiders Place Their Bets

In other Ryerson news, CAO Molly D. Kannan sold 3,000 shares of Ryerson stock in a transaction on Friday, May 29th. The shares were sold at an average price of $28.42, for a total transaction of $85,260.00. Following the sale, the chief accounting officer owned 25,636 shares of the company’s stock, valued at $728,575.12. The trade was a 10.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Mark S. Silver sold 11,174 shares of Ryerson stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $27.91, for a total transaction of $311,866.34. Following the sale, the executive vice president directly owned 120,181 shares in the company, valued at approximately $3,354,251.71. This trade represents a 8.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 15,674 shares of company stock worth $443,126 in the last 90 days. 6.58% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Ryerson in a report on Thursday, June 18th. Wall Street Zen raised Ryerson from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Zacks Research cut shares of Ryerson from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 24th. One analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Ryerson presently has an average rating of “Sell”.

Ryerson Trading Up 4.3%

NYSE:RYZ opened at $25.22 on Friday. Ryerson Holding has a 12 month low of $19.34 and a 12 month high of $32.00. The business’s 50 day moving average price is $27.56. The company has a current ratio of 2.21, a quick ratio of 1.04 and a debt-to-equity ratio of 0.73. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of -20.34 and a beta of 1.65.

Ryerson (NYSE:RYZ) last announced its earnings results on Wednesday, July 29th. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.12. The business had revenue of $2.01 billion during the quarter. Ryerson had a negative return on equity of 0.62% and a negative net margin of 0.56%.Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. On average, research analysts forecast that Ryerson Holding will post 1.1 earnings per share for the current year.

Ryerson Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a $0.1875 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $0.75 dividend on an annualized basis and a yield of 3.0%. Ryerson’s dividend payout ratio (DPR) is presently -60.48%.

About Ryerson

Ryerson (NYSE: RYZ) is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.

Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.